1 upvotes, 1 direct replies (showing 1)
View submission: Binance Founder Claims Europe Needs Bitcoin in Its Reserves
There is some truth in what you say, but crypto reserves do nothing that gold doesn't do and Europe has no need to stockpile massive amounts of more gold. Plus, there is plenty of risk crypto reserve becomes as worthless as tin is to gold.
Comment by SwimOld5053 at 01/02/2025 at 21:48 UTC
1 upvotes, 1 direct replies
No risk equals staying weak. Small risk is mandatory for making things better, it's not just crypto. All changes are risk. And that shows in the EU's political decisions in everything. Things don't work, but no one wants to do big changes in case it goes wrong. Better to stay weak if it means no one will get pointed with fingers. And about that gold comparison, the same way it could go down. Nothing is certain, except weakness within unchanged. Btw, I'm from the EU, so this is not a bash from US if you thought so.